Panel Concludes That Financial Crisis Was Avoidable; Blames Government and Business

The financial crisis that wreaked havoc on the economy was "the result of human action and inaction, not of Mother nature or computer models gone haywire," a government commission that spent 18 months studying the crisis concluded.

By Claude R. Marx|January 26, 2011 at 07:00 PM|Originally published on Cutimes.Com

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The financial crisis that wreaked havoc on the economy was “the result of human action and inaction, not of Mother nature or computer models gone haywire,” a government commission that spent 18 months studying the crisis concluded.